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CITY COUNCIL WORK SESSION APRIL 22, 1998 <br /> Dan noted that excess fund balance is more than $300,000. Rick explained that there are <br /> five (5)parks which need funding at about$40,000 each. He also noted that if equipment <br /> for all four(4)parks was ordered at the same time,there would be a reduction from the <br /> supplier and residents would be asked to help erect the equipment. <br /> Kim noted that the computer equipment was already approved by the City Council. She <br /> also felt that some funding for park equipment was warranted. She also felt starting a road <br /> reconstruction fund was a good idea. This shows that the City has made a commitment <br /> and it is a good faith issue. However, she did not feel kindly to more civic complex <br /> funding. Kim also noted that there is funding needed for the Randy Schumacher issue. <br /> Rick said that if the Council only funds park benches and a place for residents to go, this <br /> would show that the Council is concerned about parks. <br /> John suggested that the Council agree to a percentage allocation. He agreed that the <br /> computer is a done deal, felt the street reconstruction issue was too large of an issue to <br /> consider at this time, and wanted to be sure that there was no other financial issue that the <br /> Council was not aware of. He said that the consensus of the Council seemed to be that <br /> they did not want to put anymore dollars into the civic complex. <br /> Andy said he was in favor of"sweat equity" for the parks. He noted that half of the <br /> benches in the City parks were made and donated by the Lions Club. They can still make <br /> and donate more benches. He felt the Council should not let go of the excess funds all at <br /> once. <br /> Caroline asked Rick to look at the playground constructed at a Moundsview Elementary <br /> School. The equipment was funded and constructed by the neighborhood. <br /> Kim said she did not think residents would be overjoyed to spend all of the fund balance <br /> on parks. She would like to see some going to a contingency fund because the City does <br /> not know what tax compression will do to taxes. John agreed to a contingency option. <br /> Chris said the Lino Lakes parks are shameful. He supported 60% going to parks, $70,000 <br /> for computers and the balance into a road reconstruction fund. <br /> The following percentages were approved: <br /> 30%computers <br /> 50%parks <br /> 10%road reconstruction <br /> 10% contingency fund <br /> r-t <br /> PAGE 5 <br />